20 Gates Management LLC is a large advisory firm based in New York. It manages $4.94 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of New York.
20 Gates Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of 20 Gates Management LLC is $4.94 billion. The firm's AUM has gone down by -76% since the beginning of its operation, and $936.35 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay 20 Gates Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies and pooled investment vehicles. The largest group of clients of 20 Gates Management is pooled investment vehicles with 2 clients and $3.99 billion of assets under management. Among the 5 most similar advisory firms, 20 Gates Management has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $4.94 billion for 3 clients. 33% of the firm’s clients are foreign persons or businesses.
20 Gates Management also advises several private funds. Namely, two securitized asset funds.
The company employs 10 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where 20 Gates Management LLC performs its advisory services is located at 120 West 45 Th Street, New York, NY 10036, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-295-3790 or by fax 212-295-3785. The normal business hours are 9am - 6pm on Monday - Friday. You can find more information about the New York firm at 20gates.com.